DuyenNTM💡 Benefits
- 10–20% cheaper than a new house of similar location and size.
- See the real property in person, not just drawings or a model.
- Easier to judge the living environment, neighbors, and surrounding area before deciding.
Learn why it’s being sold and its history
- Ask why the owner is selling: if it’s an urgent sale due to relocation, divorce, or financial difficulty, you may be able to negotiate a better price.
- Check the property’s history: whether any incidents or accidents occurred there (important information in Japan).
- Take time to research the history and condition of the house before deciding.
Drawbacks
- You may face repair and renovation costs.
- Some cases aren’t eligible for home loans the way new houses are.
What to check
- Age and condition: Check earthquake resistance (houses built after 1981 meet the new standard).
- Legal status: Whether rebuilding is permitted, or if there was any illegal construction.
- Living environment: Proximity to stations, schools, supermarkets, safety, and flood/snow risk.
- Reason for selling: Understand it well to negotiate a good price.
- Contract: Carefully read warranty terms and legal liability for defects.
Conclusion
Buying an old house in Japan can help you save significantly on cost, but it also requires careful research and inspection.
Consider carefully before deciding, to make sure the house provides a safe and comfortable life in the long run.
If you’re planning to buy a house in Japan, contact MPC Group — we’ll support you from searching and inspection to negotiation and completing the paperwork quickly and safely.